Over this past week or so we have seen the United States .gov acquire a very large share of the American financial market. The .gov now holds a majority stake in the banking, home mortgage and insurance markets. This is a turning point in our history, a time that our grandchildren are going to hold us accountable for allowing to happen.
Where is the outrage?
The Americans For Limited Government have been raising the clarion call. Dumb Looks Still Free shows us how we came to be in this predicament with Your friendly, authoritarian bailouts, give it a read.
When you watch the news, all is well in the world. The markets reacted positively to the news that the .gov has bought investments that no single entity in the private sector wanted, purchased at a premium.
This is insane.